Bank Charges Functionality For Getting Demand Draft Or Pay Order From Bank

(Doc ID 467974.1)

Last updated on JANUARY 10, 2017

Applies to:

Oracle HRMS (India) - Version and later
Information in this document applies to any platform.



The client requirement is to deposit a 'Demand Draft' against the statutory deductions

  • Provident Fund, LIC
  • Income Tax
  • ESI
  • etc

In India Payroll, there is a functionality to get the 'Demand Draft / Pay Order' from the bank by running the "Bank or Post Office Payment" process within India Localization.

The bank charges commission for the issue ofthe 'Demand Draft / Pay Order'.



How will the system calculate the charges and update the Bank Book for Reconcilation through Cash Management?



Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms